NOT LISTED FOR SALE

1437 5th St Alameda, CA 94501

West Alameda Neighborhood

Estimated Value: $1,385,041 - $1,729,000

5 Beds
4 Baths
3,017 Sq Ft
$522/Sq Ft Est. Value

Last Sold September 20, 2021

Last sale price $1,525,000 $505 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $10,028/month

7 Days on Market

Highlights

  • No HOA
  • Forced Air Heating System
  • Front Yard
  • William G. Paden Elementary School Rated A-
  • Carpet
  • 4-minute walk to Longfellow Park

About This Home

As of September 2021

Situated just a few blocks from shopping, restaurants and the Alameda Farmer's Market, this well maintained 4-Plex is in a great location! This spacious property consists of a two-bedroom unit and three one-bedroom units, all of which have off street parking plus there is coin laundry in the building. There are currently two vacant units in this property which gives any buyer the flexibility to owner occupy, lease the units at market rent or even a combination of both!

Last Agent to Sell the Property

Michael Baldasarra

Christie's Int'l Re Sf License #01813378 Listed on: 07/22/2021

Last Buyer's Agent

Cheryl Dunn

License #01393220

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1895

Lot Details

  • 6,533 Sq Ft Lot
  • Sprinkler System
  • Front Yard

Parking

  • Off-Street Parking

Home Design

  • Quadruplex
  • Wood Shingle Exterior

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Laundry

  • Washer

Utilities

  • Forced Air Heating System
  • Wall Furnace

Community Details

  • No Home Owners Association
  • 3,017 Sq Ft Building
  • Bay East Association

Listing and Financial Details

  • Assessor Parcel Number 744474

Property Details

Home Type

Multi-Family

Year Built

Built in 1895

Lot Details

6,533 Sq Ft Lot

Listing Details

  • Year Built: 1895
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.15
  • Directions: Central to 5th
  • Carport Y N: No
  • Garage Yn: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour

Interior Features

  • Flooring: Vinyl, Carpet
  • Basement: None
  • Appliances: Washer
  • Other Equipment: See Remarks
  • Total Bedrooms: 5

Exterior Features

  • Lot Features: Level
  • Construction Type: Wood
  • Exterior Features: Front Yard, Lawn Sprinkler

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off Street

Utilities

  • Heating: Forced Air, Wall Furnace
  • Cooling: No Air Conditioning
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Name: BAY EAST
  • Association: No

Schools

  • Senior High School District: Alameda (510) 748-4000

Lot Info

  • Lot Size Sq Ft: 6533
  • Parcel Number: 744474
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2021
Closed on
Sep 15, 2021
Sold by
Saleh Amena A
Bought by
Ahmed Ahmed Y Y
Seller's Agent
Michael Baldasarra
Christie's Int'l Re Sf
Buyer's Agent
Cheryl Dunn
List Price
$1,495,000
Sold Price
$1,525,000
Premium/Discount to List
$30,000
2.01%
Current Estimated Value
$1,573,510

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,510
Avg. Annual Appreciation
0.71%
Original Mortgage
$1,143,750
Outstanding Balance
$1,039,174
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$534,336

Purchase Details

Listed on
Jul 22, 2021
Closed on
Sep 2, 2021
Sold by
Allen Jeffrey S and Allen Jeanne
Bought by
Ahmed Ahmed Y Y
Seller's Agent
Michael Baldasarra
Christie's Int'l Re Sf
Buyer's Agent
Cheryl Dunn
List Price
$1,495,000
Sold Price
$1,525,000
Premium/Discount to List
$30,000
2.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,143,750
Outstanding Balance
$1,039,174
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$534,336

Purchase Details

Closed on
May 18, 2004
Sold by
Allen Jeffrey S and Allen Jeanne
Bought by
Allen Jeffrey S and Allen Jeanne
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ahmed Ahmed Y Y -- Fidelity National Title Co
Ahmed Ahmed Y Y $1,525,000 Fidelity National Title Co
Allen Jeffrey S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ahmed Ahmed Y Y $1,143,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/04/2025 02/04/25 Off Market $1,525,000 -- --
09/20/2021 09/20/21 Sold $1,525,000 +2.0% $505 / Sq Ft
07/30/2021 07/30/21 Pending -- -- --
07/22/2021 07/22/21 For Sale $1,495,000 -- $496 / Sq Ft
Source: Bay East Association of REALTORS®

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $23,348 $1,611,330 $485,499 $1,132,831
2024 $23,348 $1,579,610 $475,983 $1,110,627
2023 $22,440 $1,555,500 $466,650 $1,088,850
2022 $21,924 $1,518,000 $457,500 $1,067,500
2021 $5,649 $136,017 $110,279 $25,738
2020 $5,581 $134,624 $109,149 $25,475
2019 $4,647 $131,983 $107,008 $24,975
2018 $4,555 $129,395 $104,910 $24,485
2017 $4,433 $126,859 $102,854 $24,005
2016 $4,386 $124,372 $100,837 $23,535
2015 $4,345 $122,504 $99,323 $23,181
2014 $4,453 $120,105 $97,378 $22,727
Source: Public Records

Agents Affiliated with this Home

  • Michael Baldasarra

    Seller's Agent in 2021

    Michael Baldasarra

    Christie's Int'l Re Sf

    (925) 890-4648

    5 in this area

    36 Total Sales

    Michael Baldasarra
    Section Image

  • C

    Buyer's Agent in 2021

    Cheryl Dunn

    (510) 395-5992

    1 in this area

    4 Total Sales

    Cheryl Dunn
    Section Image
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Map

Source: Bay East Association of REALTORS®

MLS Number: 40959028

Bay East Association of REALTORS®

APN: 074-0447-004-00

California Alameda County Alameda 94501 West Alameda

1437 5th St, Alameda, CA

Not Listed for Sale

MultiFamily

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